1951-HKRS29-8-18_Part03 — Page 12

Objects of the

Association.

Powers of the Association.

Vealing of property.

Members and associates.

Existing

members

to become

members.

4. The objects of the Association shall be to provide recreational facilities for the children of the Colony for whom na facilities or no adequate facilities exist and generally to promote their welfare.

5. The Association shall have full power to do ali such acts and things as may be necessary or expedient for or conducive to the carrying out of the aims and objects of the Association under its constitution and without prejudice to the generality of such power the Association shall have full power-

(a) to acquire by purchase lease exchange or otherwise hold. and enjoy land buildings messuages or tenensats of what nature or kind soever and wheresoever situate whether in', the Colony or elsewhere;

(b) to acquire by purchase or otherwise goods 'and chatteh

of what nature or kind soever; (c) to invest moneys on deposit in any bank in the Colony or in any government bonds or on mortgage of any land buildings messuages or tenements in the Colony of elsewhere or in or on debentures dehenture-stocks story funds shares or securities of any corporation or company carrying on business in the Colony or elsewhere; and () to grant sell convey assign surrender yield up mortgage demise let reassign transfer or otherwise dispose of any land buildings messuages tenements mortgages debentures debenture-stock funds securities goods and chattels vested in the Association upon such terms as the Association may deem fit.

6.

The land buildings messuages and tenements belonging or purporting to belong to the Children's Playground Association hitherto unincorporated (hereinafter called the "Unincorporated Association") and all moneys securities for money goods chattels and effects whatsoever the property of the Unincorporated Association or purporting so to be are hereby transferred to and vested in the Association, but subject as regards the said land buildings messuages and tenements to the payment of the rents and observance and performance of all the covenants conditions and reservations contained in the Crown Lease under which the same are respectively held.

The Association shall consist of such members as provided by its constitution.

All the existing members of the Unincorporated Associa tion at the date of the passing of this Ordinance shall be the first members of the Association.

constitution

9. The existing constitution of the Unincorporated Associa- Existing tion shall be the constitution of the Association but the same may to become be changed or amended by the Association at any time and from constitation time to time in accordance with the provisions of the constitution Association, For the time being in force.

of

10. A copy of the constitution of the Association and of any Filing of amendment thereto, and a list of the names and addresses of the Sonstitution

and names members of the executive committee of the Association for the of

members,

time being, certified in each case as correct by the chairman of Executive the executive committee or by the secretary of the Association shall be forwarded to the Registrar of Companies for registration.

tion fee.

11. The Association shall pay such fee for registering any Registra document with any public registry as may be payable under any enactment relating thereto.

12. Any person may inspect any of the documents registered Inspection_ such fee as may be payable under any enactment relating thereto. by the Association in pursuance of section to, upon payment of and search

fee.

13. All deeds documents and other instruments requiring the Sealing seal of the Association shall be signed by the chairman of the of deeds. executive committee and the secretary of the Association or by such other person or persons as the executive committee from time to time appoint and such signing shall be taken as sufficient evidence of the due sealing of such deeds, documents and other instruments.

of the

14. Nothing in this Ordinance shall affect or be deemed to Saving of affect the rights of His Majesty the King, His Heirs and the rights Successors, or the rights of any body politic or corporate or of Crown and any other person except such as are mentioned in this Ordinance certain

other and those claiming by, from or under them.

rights.

Passed the Legislative Council of Hong Kong, this 19th day of September, 1951.

www

Deputy Clerk of Councils.